Fuelcell Energy (FCEL) Debt Ratio (2010 - 2026)
Fuelcell Energy's (FCEL) quarterly Debt Ratio came in at 0.01 in Q3 2026, down 28.73% year-over-year from 0.02 in Q3 2025, and down 17.08% quarter-over-quarter from 0.02 in Q2 2026.
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Analysis
Fuelcell Energy (FCEL) Debt Ratio (2010 - 2026) Analysis & Trends
Fuelcell Energy has disclosed Debt Ratio across 17 years of filings, most recently posting 0.01 for Q3 2026.
- In Q3 2026, Debt Ratio fell 28.73% year-over-year to 0.01; the TTM figure through Jul 2026 stood at 0.01 (down 28.73% YoY), while the FY2025 annual figure was 0.02, up 0.8% from the prior year.
- Debt Ratio came in at 0.01 for Q3 2026 at Fuelcell Energy, down from 0.02 in the prior quarter.
- In the past five years, Debt Ratio ranged from a high of 0.02 in Q3 2025 to a low of 0.01 in Q3 2023.
- Average Debt Ratio over 5 years is 0.01, with a median of 0.01 recorded in 2026.
- Year-over-year, Debt Ratio slumped 56.95% in 2022 and soared 68.44% in 2025.
- Over 5 years, Debt Ratio stood at 0.01 in 2022, then fell by 24.98% to 0.01 in 2023, then surged by 60.09% to 0.02 in 2024, then rose by 0.8% to 0.02 in 2025, then declined by 15.65% to 0.01 in 2026.
- Per Business Quant data, the three most recent Debt Ratio figures were 0.01 in Q3 2026, 0.02 in Q2 2026, and 0.02 in Q1 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Bloom Energy | 80.01 Bn | 77.37 Bn | 355.57 Mn | 0.00 |
| 2 | Fuelcell Energy | 1.44 Bn | 785.67 Mn | -24.50 Mn | 0.01 |
| 3 | Ballard Power Systems | 667.74 Mn | 162.59 Mn | 4.08 Mn | - |
| 4 | Sunhydrogen | 114.56 Mn | 114.56 Mn | -45,724.00 | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 0.01 |
| Apr 30, 2026 | 0.02 |
| Jan 31, 2026 | 0.02 |
| Oct 31, 2025 | 0.02 |
| Jul 31, 2025 | 0.02 |
| Apr 30, 2025 | 0.02 |
| Jan 31, 2025 | 0.02 |
| Oct 31, 2024 | 0.02 |
| Jul 31, 2024 | 0.01 |
| Apr 30, 2024 | 0.01 |
| Jan 31, 2024 | 0.01 |
| Oct 31, 2023 | 0.01 |
| Jul 31, 2023 | 0.01 |
| Apr 30, 2023 | 0.02 |
| Jan 31, 2023 | 0.01 |
| Oct 31, 2022 | 0.01 |
| Jul 31, 2022 | 0.01 |
| Apr 30, 2022 | 0.01 |
| Jan 31, 2022 | 0.01 |
| Oct 31, 2021 | 0.01 |
API Access
Fuelcell Energy Debt Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=debt-ratio&ticker=FCEL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "FCEL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=FCEL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();